Applying the market failure framework to health
Now we have looked in more depth at the issue of market failure, please choose one of the key market failures outlined below and write a 350-word forum post that applies your chosen market failure to a specific health issue. You can choose a health issue from your context, or a health issue you are interested in.
Please select one of these market failures:
This challenge activity may require some additional research. Make sure you:
Clearly outline how the health issue is understood using the type of market failure you choose;
Address any implications this has for what governments should do;
Reflect on policy recommendations that are suggested by your analysis.
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